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Skanska AB ( ($SE:SKA.B) ) just unveiled an update.
Skanska has secured a EUR 32 million (about SEK 350 million) contract from the City of Helsinki to build two residential buildings comprising 182 rental apartments, including 20 units tailored for residents with special needs, with a total floor area of roughly 11,900 square meters. Targeting a three-star Rakennustieto environmental rating for energy efficiency, indoor air quality and sustainable site operations, the project will be added to Skanska’s Nordic order bookings for the fourth quarter of 2025, reinforcing its Finnish portfolio and sustainability profile as construction runs from late 2025 to an expected completion in autumn 2027.
The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK266.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
More about Skanska AB
Skanska is one of the world’s largest development and construction companies, with more than 135 years of history and operations across selected markets in the Nordics, Europe and the United States. The group focuses on construction services and residential and commercial project development, and in Finland it employed about 1,500 people at the end of 2024.
Average Trading Volume: 764,437
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK103.4B
For a thorough assessment of SKA.B stock, go to TipRanks’ Stock Analysis page.